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South China Sea

Xi tells Marcos that China is ready to restart oil exploration talks

Philippine leader stresses cooperation amid South China Sea feud

China's President Xi Jinping walks with Philippines' President Ferdinand "Bongbong" Marcos Jr. during a welcoming ceremony at the Great Hall of the People in Beijing on Jan. 4. (Office of the Press Secretary handout via Reuters)

MANILA/HONG KONG -- Chinese President Xi Jinping on Wednesday told visiting Philippine counterpart Ferdinand Marcos Jr. that Beijing is ready to restart discussions on joint oil and gas exploration, as the two sides remain at odds over the South China Sea.

"China is willing to continue to work with the Philippines to properly deal with maritime issues in a friendly and consultative manner, restart negotiations on oil and gas development, promote cooperation on oil and gas development in non-disputed areas, and develop cooperation on green energy such as photovoltaic, wind energy and new-energy vehicles," China's Foreign Ministry said in a translated account of Xi's comments.

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